[375 Disallowance of deductions: full interest restriction return submitted]
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

[Chapter 2
Disallowance and Reactivation of Tax-Interest Expense Amounts]

[375  Disallowance of deductions: full interest restriction return submitted]

[(1)     This section applies where—

(a)     an interest restriction return is submitted for a period of account of a worldwide group (“the relevant period of account”),

(b)     the return complies with the requirements of paragraph 20(3) of Schedule 7A (requirements for full interest

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